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microcaps1

Re: Nisbo post# 9229

Wednesday, 11/03/2010 1:41:12 PM

Wednesday, November 03, 2010 1:41:12 PM

Post# of 91121
There were also such projections on the yahoo board around May 1.
I believe thats why CWRN ran from .001 to .0071(a seven fold increase)over a few days to May 7,2010-- because there wasn't any PR at the time. To simplify,people just took the estimated tonnage expected this year times price divided by total shares(including the restricted shares).
Longs mostly held because the scuttlebutt was that this was going to 3 cents within days at the time and thats what it looked like.
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